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SAQQARA Systems
Provider of content for commerce solutions
About SAQQARA Systems
SAQQARA Systems, founded in 1995, specialized in providing commerce data management solutions tailored for enterprise spend management (ESM). The company operated with a focus on enhancing data quality for item master management and e-procurement processes.
The core of SAQQARA's business was its managed service solutions. These services addressed several key areas for its clients, including the preparation of item master data for SAP MDM, strategic sourcing, and inventory reduction. The company's offerings were designed to support businesses with ERP upgrades and migrations, system consolidations, and integrations following acquisitions. A notable aspect of their service was providing business intelligence and reporting capabilities derived from well-managed commerce data. In its early years, SAQQARA launched an online sourcing service for electronics designers via its website, whomakesit.com, which utilized a proprietary search function to facilitate product configuration through rules-based guided buying.
The company's business model targeted suppliers, independent trading exchanges, and buyers, aiming to integrate the management and exchange of detailed product information. The solutions were geared towards improving the efficiency of procurement and overall spend management within large enterprises. On April 3, 2006, SAQQARA Systems was acquired by PartsRiver, marking a significant milestone in its corporate history.
Source: Dealroom company dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Mar 2006 | $0 | — | PartsRiver | — |
| SERIES C✓Equity / VC | Feb 2001 | $30M | $119M | Undisclosed | — |
Growth signals
Latest recorded traffic for SAQQARA Systems is 100 monthly website visits. SAQQARA Systems's team grew 0% over the past year.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
GE Equity
Vision Capital
Other known investors1 additional known investor
PartsRiver
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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